Photo: General Motors
LG Chem, a separate division of the famous South Korean company, is rumored to be planning a massive factory in Poland, which is supposed to build batteries for electric cars.
If the name of the company does not ring a bell, we’ll have you know that they made the batteries for the Chevrolet Volt/Opel Ampera, as well as the upcoming Chevrolet Bolt.
Tesla confirmed a contract with LG Chem last year, which targeted the production of replacement batteries for the Tesla Roadster.
Currently, LG Chem has three battery plants, and they supply batteries to over 20 companies. The new factory in Poland might make LG Chem the world’s largest supplier of batteries for plug-in vehicles.
The plant is supposedly located in Wroclaw, a city in Poland. LG Chem already has a facility in that country, so the expansion could also be favored by government incentives, as well as a need to increase production. Besides the European plant, LG’s Chemical division makes batteries in China, South Korea, and the USA.
As Hybricars notes, insiders reveal that LG’s upcoming factory might provide batteries for 229,000 EVs a year. Unfortunately, it is unclear whether LG has a single customer for the mentioned capacity or if it will share production between several companies.
Since the South Korean company has several European carmakers as partners, including Volvo, Volkswagen, Renault, and Audi, production might be shared between these brands.
In the world of batteries for plug-in cars, LG’s Chemical division is competing with Samsung’s SDI and others, while Panasonic remains the leader. Samsung SDI is also considering building a factory which would make batteries for electric and plug-in vehicles.
If Tesla Motors decides to use LG Chem as a supplementary battery supplier, their current partners at Panasonic might suffer a drop in business. Currently, Japanese corporation Panasonic is Tesla’s battery supplier, but the long ordering list for the Model 3, accompanied by the popularity of the other cars in the Tesla range, might bring the necessity of a new battery supplier for the Californian automaker.
Tesla confirmed a contract with LG Chem last year, which targeted the production of replacement batteries for the Tesla Roadster.
Currently, LG Chem has three battery plants, and they supply batteries to over 20 companies. The new factory in Poland might make LG Chem the world’s largest supplier of batteries for plug-in vehicles.
The plant is supposedly located in Wroclaw, a city in Poland. LG Chem already has a facility in that country, so the expansion could also be favored by government incentives, as well as a need to increase production. Besides the European plant, LG’s Chemical division makes batteries in China, South Korea, and the USA.
As Hybricars notes, insiders reveal that LG’s upcoming factory might provide batteries for 229,000 EVs a year. Unfortunately, it is unclear whether LG has a single customer for the mentioned capacity or if it will share production between several companies.
Since the South Korean company has several European carmakers as partners, including Volvo, Volkswagen, Renault, and Audi, production might be shared between these brands.
In the world of batteries for plug-in cars, LG’s Chemical division is competing with Samsung’s SDI and others, while Panasonic remains the leader. Samsung SDI is also considering building a factory which would make batteries for electric and plug-in vehicles.
If Tesla Motors decides to use LG Chem as a supplementary battery supplier, their current partners at Panasonic might suffer a drop in business. Currently, Japanese corporation Panasonic is Tesla’s battery supplier, but the long ordering list for the Model 3, accompanied by the popularity of the other cars in the Tesla range, might bring the necessity of a new battery supplier for the Californian automaker.
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